stock | Egypt Oil & Gas

CNOOC Stocks Climb 44% in Shanghai Debut

The oil giant's stock started trade at 20% more than its offering price. However, the Shanghai Stock Exchange started a 30-minute trading suspension almost immediately when the stock price hit the daily allowable ...

Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.

Fujairah Oil Stocks Increase

The oil products stock at Fujairah port increased by 2.4%, reaching 22.008 million barrels, according to data exclusively obtained by S&P Global Platts.

Egypt Aims to Secure 45 Days of Butane

EGPC's Chamber of Operation will implement a new strategic plan to fulfill the local demand of petroleum products.

Iran Denies Possessing Seaborne Oil Stockpile

Iran has no stockpile of crude oil at sea and its floating gas condensates have all been sold, according to the Iranian Oil Terminals Company’s (IOTC) Managing Director, Seyyed Pirouz Mousavi.

Maridive Slumps to Lowest in More Than 2 Years as Oil Retreats

Maridive & Oil Services SAE (MOIL), an Egyptian marine and oil support services company, tumbled to the lowest level in more than two years after the price of oil declined.

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